According to Zacks, Kulicke and Soffa Industries Inc. (NASDAQ:$KLIC) currently holds an average broker rating of 2. This is on a scale where 1-2 indicates a ‘Buy’, 3 represents a ‘Hold’, and 4-5 indicates a ‘Sell’. The stock also received an average price target of $23.83.
The rating is generally based on research done by firms which compare indicators to tell an investor what they expect the stock to reach based on an objective evaluation of the company. If a firm’s fair value greatly exceeds the market value, the stocks’ recommendation to buy increases, whereas the opposite is true if the fair value drops below the market value.
Currently, analysts expect Kulicke and Soffa Industries, Inc. to report $0.19 EPS in their next quarterly report. This is a consensus forecast based on research firms polled by Zacks. During the last posted earnings report, the firm had quarterly earnings of $0.62 compared to sell-side estimates of $0.38. The stock had 12 month trailing earnings of $1.39 EPS. Over the past week, shares moved -$0.18 and $15.14 over the past month. Forecasts are based off 2 brokerage firms’ reports.
During the last session, Kulicke and Soffa closed at $21.90 on an average daily volume level of 427,311. The company has a 52 week low of $12.72 and is 89.74% shy of its 52-week low-high range. The stock also moved 37.3% year-to-date and -2.67% over the past 12 weeks.
Out of all brokerages covering the firm, the firm has received 2 ‘Buy’ or ‘Strong-Buy’ ratings.
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